Fund investors continue retreat from U.S. stock market

FILE PHOTO: A trader works on the trading floor at the New York Stock Exchange at the opening of the market in New York City, U.S., August 26, 2019. REUTERS/Andrew Kelly

The pullback from the U.S. stock market came as concerns about the trade war between the United States and China have weighed on investor sentiment, while signs of slowing economic growth across the globe have pushed companies such as Goldman Sachs to increase the probability that the United States falls into recession within the next 12 months.

The broad retreat from the U.S. market comes despite a rally that has pushed the benchmark S&P 500 up 19.4% for the year to date. The index is up 2.2% since the beginning of September.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

D.E. Shaw is going to trial over the sale of a litigation finance subsidiary, shining a light on a side-pocket deal at the secretive hedge fund firm.$50 billion hedge fund firm D.E. Shaw and its bankers at Raymond James are being sued by Gary Chodes, the founder of Oasis Financial.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »